3447 River Mill LnEllenwoodGA30294
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ellenwood at 3447 River Mill Ln, Ellenwood, GA, 30294 offers a 8.45% rental yield on a $240,000 purchase with $1,690/mo rent. Total monthly income registers $1,690/mo, and a $1,175/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,748/yr on $79,560 to close, and return on cash invested stands at 23.36% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 121.21% and total cumulative return in cash at $96,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30294, Ellenwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,237 (100%) |
| Owner Occupied HU | 11,663 (76.5%) |
| Renter Occupied HU | 2,964 (19.5%) |
| Vacant Housing Units | 610 ( 4.0%) |
| Median Home Value | $291,468 |
| Average Home Value | $354,414 |
Housing Distribution
Address Breakdown
Residential
15,511
Single Family
14,965
Multi-Family
546
Businesses
548
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